SAND vs SPY

Comparison between Sandstorm Gold Ltd (SAND, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed SAND, delivering a return of +14.0% compared to +8.4%

SAND vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SAND(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$3.63B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	86.60%	56.47%
Sharpe Ratio	2.09	1.91
5Y Beta	N/A	1.00
Industry	Gold	N/A
P/E Ratio	-44.47	28.68
Forward P/E	N/A	22.19
PEG Ratio	6.97	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	26.37%
Debt to Equity	24.49%	34.04%
Free Cash Flow Yield	-3.63%	N/A
P/S Ratio	71.59	3.76
P/B Ratio	2.51	5.55

Market Cap / Net Assets

SAND

$3.63B

Winner

SPY

$735B

Expense Ratio

SAND

N/A

SPY

0.09%

Max Drawdown

SAND

86.60%

Winner

SPY

56.47%

Sharpe Ratio

Winner

SAND

2.09

SPY

1.91

5Y Beta

SAND

N/A

SPY

1.00

Industry

SAND

Gold

SPY

N/A

P/E Ratio

Winner

SAND

-44.47

SPY

28.68

Forward P/E

SAND

N/A

SPY

22.19

PEG Ratio

SAND

6.97

SPY

N/A

5Y Dividends CAGR

SAND

N/A

SPY

5.43%

5Y EPS CAGR

SAND

N/A

SPY

26.37%

Debt to Equity

Winner

SAND

24.49%

SPY

34.04%

Free Cash Flow Yield

SAND

-3.63%

SPY

N/A

P/S Ratio

SAND

71.59

Winner

SPY

3.76

P/B Ratio

Winner

SAND

2.51

SPY

5.55

SAND vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	SAND	SPY
1 month	+3.53%	+4.84%
3 months	+27.33%	+9.57%
6 months	+43.14%	+13.79%
1 year	+107.55%	+29.34%
5 years(CAGR)	+8.39%	+13.98%
10 years(CAGR)	+15.31%	+15.66%
Max(CAGR)	+12.44%	+8.53%

SAND

+3.53%

Winner

SPY

+4.84%

Winner

SAND

+27.33%

SPY

+9.57%

Winner

SAND

+43.14%

SPY

+13.79%

Winner

SAND

+107.55%

SPY

+29.34%

5Y(CAGR)

SAND

+8.39%

Winner

SPY

+13.98%

10Y(CAGR)

SAND

+15.31%

Winner

SPY

+15.66%

Max(CAGR)

Winner

SAND

+12.44%

SPY

+8.53%

SAND vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SAND	SPY
2026	N/A	+9.45%
2025	+113.73%	+18.00%
2024	+14.41%	+25.59%
2023	-6.35%	+26.72%
2022	-12.02%	-18.64%
2021	-19.06%	+30.52%
2020	-3.76%	+17.28%
2019	+60.91%	+31.09%
2018	-8.53%	-5.24%
2017	+19.95%	+20.78%
2016	+50.58%	+13.59%
2015	-29.68%	+1.31%
2014	-25.76%	+14.56%
2013	-65.48%	+29.00%
2012	+93.05%	+14.17%
2011	+47.90%	+0.85%
2010	+43.70%	+13.14%
2009	+48.70%	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

SAND vs SPY Drawdown Comparison

The maximum drawdown for SAND was -86.60%, occurring on Jan 20, 2016. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current SAND drawdown is -16.40%. The current SPY drawdown is -0.34%.

Rank	SAND	SPY
#1	-86.60% Oct 8, 2012 - Jan 20, 2016	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-43.72% Jul 18, 2011 - Feb 22, 2012	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-38.28% Apr 9, 2010 - Feb 22, 2011	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-27.64% Sep 21, 2009 - Dec 18, 2009	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-24.81% Mar 21, 2012 - Aug 17, 2012	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-21.65% Jun 9, 2009 - Sep 21, 2009	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-19.46% Jan 19, 2010 - Feb 22, 2010	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-14.62% Apr 28, 2011 - Jun 13, 2011	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-13.30% Aug 21, 2012 - Sep 18, 2012	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-11.62% Mar 1, 2011 - Apr 4, 2011	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-11.34% Jun 21, 2011 - Jul 5, 2011	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-7.99% Feb 22, 2010 - Mar 8, 2010	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-7.63% Mar 2, 2012 - Mar 9, 2012	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-6.91% Mar 17, 2010 - Mar 25, 2010	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-5.56% Jan 11, 2010 - Jan 19, 2010	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SAND and SPY is 0.33 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.33

-101

Dividend Comparison (1999 - 2026)

SAND vs SPY dividend yield comparison.

Year	SAND	SPY
2026	0.00%	0.24%
2025	0.47%	1.07%
2024	1.06%	1.21%
2023	1.19%	1.40%
2022	1.17%	1.65%
2021	0.00%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%